Last night, a group of protesters from Ugborodo, Deghele, and Ugboegungun, the host communities of the Otumara Flow Station in Delta State, operated by Shell Petroleum...
Oil prices rose slightly on Friday but remained on track for a second consecutive week of decline. This dip was primarily attributed to the strengthening of...
Challenges Emerge as Subsidies End, Forex Scarcity Persists
On Thursday, oil prices saw a modest decline in the face of disappointing economic indicators from major economies worldwide. Investors are holding their breath for U.S....
The Nigerian Liquified Natural Gas company has reached out to President Tinubu, urging him to take decisive action in addressing the persistent sabotage of oil pipelines...
Brent crude oil edged lower by 8 cents to settle at $84.38 per barrel in the early hours of Tuesday while the U.S. West Texas Intermediate...
Nigeria’s crude oil revenue suffered a setback in July, with the country losing approximately N249 billion due to a significant drop in oil output. The latest...
Oil prices rose on Monday as global supply is tightening with lower exports from Saudi Arabia and Russia, offsetting nagging concerns about global demand growth amid...
Oil prices were choppy on Thursday after falling over the past three sessions, with the undertone grim on worries that slowing growth in China and possible...
The Nigeria Extractive Industries Transparency Initiative (NEITI) disclosed on Wednesday that Nigeria has raked in revenue of $741.5 billion from the oil and gas sector and...